Cheap Apartments for Rent in Alvord, IA from $500 (47 Rentals)

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Oakwood Apartments
1 Bedroom Apartments

Oakwood Apartments

401 S Oak StEllsworth, MN 56129
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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PrairiE Lofts A and B
1 to 2 Bedroom Apartments

PrairiE Lofts A and B

124 W Hatting StLuverne, MN 56156
  • Utilities Included
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Lincoln Heights
1 to 3 Bedroom Apartments

Lincoln Heights

401 S Cliff AveHarrisburg, SD 57032

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Alvord, IA Local Guide

Cheapest Available Alvord Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alvord, IA is a Studio unit found at Aspen Ridge Reserve priced from $740. Harper Point Apartments in the Southeast Sioux Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Alvord apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Aspen Ridge ReserveStudio ApartmentStudio,1BA$740
Harper Point Apartments1 Bed, 1 Bath1BR,1BA$775
The Meadows Apartments411 1 BR1BR,1BA$800
Maple Rock ReserveStudio ApartmentStudio,1BA$805
Willows South CommonsStudioStudio,1BA$850
Whisper Ridge Commons1/ADA1BR,1BA$850
PowderHaus Apartments & TownhomesStudio Apartment (A)Studio,1BA$885
Split Rock Village Apartments & TownhomesApartment StudioStudio,1BA$895
Whisper Creek VillageStudioStudio,1BA$895
Silverthorne Flats1EStudio,1BA$950

Best Value Apartments for Rent in Alvord, IA and Nearby

As of June 03, 2026 the best value apartment in the Alvord area is the $1.03 price per square foot 3 Bedroom 2.5 Bathroom Model at The Berg in the starting from $1,649. The second greatest value Alvord apartment is the 3 Beds, 2.5 baths Model at Sundance Ridge Townhomes starting at $1,650 with a $1.15 price per square foot in the Southeast Sioux Falls neighborhood. Here is today’s list of the best values for Alvord apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Berg3 Bedroom 2.5 Bathroom3BR,2.5BA$1.03
Sundance Ridge Townhomes3 Beds, 2.5 baths3BR,2.5BA$1.15
Millstone CommonsBarric (3D)3BR,2BA$1.23
The Slate3x23BR,2BA$1.18
The Meadows on Graystone3 Bedrooms / 2 Bathrooms3BR,2BA$1.09
Valley Vue Apartments3 Bedroom 2 Bathroom3BR,2BA$1.19
Lincoln Heights3 Bed Townhome3BR,1.5BA$1.19
Augusta Townhomes2 Bedroom 2 Bathroom2BR,2BA$1.23
Harvest Acres2 Bedroom 2 Bathroom2BR,2BA$1.20
HOME - FIELD APARTMENTS I2BR/1.0BA2BR,1BA$1.12

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Alvord, IA Rentals by Map

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Frequently Asked Questions about Cheap Alvord Apartments

What is the Cheapest Studio apartment in Alvord?

Currently the most affordable Cheap Studio Apartment in Alvord is at Aspen Ridge Reserve listed at $740.

How much is rent for a Cheap One Bedroom Alvord Apartment?

The lowest price for a Cheap One Bedroom Alvord Apartment is $775 at Harper Point Apartments.

What is the lowest price for a Cheap Two Bedroom Alvord Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Alvord is starting from $1,044 at Sunrise Apartments.

What is the most affordable Alvord Three Bedroom Apartment?

The best deal on a cheap Alvord Three Bedroom Apartment rental is at Aspen Ridge Reserve and starts from $1,270.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.